2022-03-31-accounts - YMCA Brunel Group

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				Page
Reference	and administrative details
Trustees'	report			2-14
Independent auditors'		report		15-18
Statement	ofcomprehensive Income - Group			19
Statement	ofcomprehensive income - Charity			20
Balance sheet - Group				21
Balance sheet - Charity				22
Statement	of change In	reserves	- Group	23
Statement	ofchange in	reserves	- Charity	24
Statement	of cash flows	- Group		25
Statement	ofcash flows	- Charity		26
Notes to the financial statements				27

REFERENC Trustees	E AND A		DMINISTR	AT1VE DE	TAILS
					Mr R Caddlck
					Rev. C Hare
					Mrs M Hare
					Mr S Harrison
					Mr D Pendle	(Chair)
					Mr M Pitman	(resigned		28th January 2022)
					Mr P Rose (Treasurer)
					Mr R Sheard	(resigned		26u August			2021)
					Ms K Patel
Secretary					Mr M Falrbeard
Chief Executive					Mr M Falrbeard
Senior Management			Team		Mr M Falrbeard Ms J Honeywell		CEO Director,		Children's		Services
					Ms P Falrbeard		Director,		Strategy		tk Communications
					Ms S King Mr M Wilcox		Head of Director,		Housing Youth 6		Community
					Ms S Montagne		Head	of	Human	Resources
					Mr J Marshall		Director,		Finance
					Ms M King		Director,		Housing		Bath
Registered	Company		Number		3719773
Registered	Charity	Number			1074660
Regulator	ofSocial		Housing	Number	4871
Registered	Office				international	House
					Broad Street	Place
					Bath
					BA1 5LH
Auditors					Monahans,
					Fortescue House,
					Court Street,
					Trowbridge,
					BA14 8FA
Solicitors					Tozers Sollctors		LLP,
					Broadwalk House,
					Southernhay	West,
					Exeter
					Exi 1UA
Bankers					National Westminster			Bank,
					24-25 Stall Street,
					Bath
					BA1 iQF
Bankers (Continued)					Barclays Bank
					9 Market Place
					Wells
					Somerset
					BA5 2RH

			Notes	2022f	2021 6
FIXED ASSETS
Social housing properties			10	2,545,146	2,584,737
Other tangible fixed assets			12	4,646,473	4,333,162
Investments			13	337 780	309,875
				7,529,399	7,227,774
CURRENT ASSETS
Debtors			14	226,269	279,594
Cash at bank and in hand				638 705	539278
				864,974	818,872
CREDITORS: amounts	falling due within	one year	15	(774,173)	(673,839)
NET CURRENT ASSETS				90,801	145,033
TOTAL ASSETS LESS CURRENT LIABILITIES				7,620,200	7,372,807
CREDITORS: amounts	falling due after	one year	16	(474837072)	(4303237)
NET ASSETS				3 137 128	3 069,570
RESERVES
Income and expenditure	reserve		20	2,919,418	2,864,794
Restricted funds			22	217,710	204,776
TOTAL RESERVES				3 137128	3 06~ 570

		Restricted	Unrestricted	Total
		reserve f	Reserve f
At 1 April 2020		122,158	1,680,540	1,802,698
Surplus for the		82,618	171887850	172717468
year alter transfers
At 31 March 2021	and 1 April	204 776	27869 390	370747166
2021
Surplus for the		12,934	52,997	65,931
year
At 31 March 2022		217 710	2 922 397	3 140097

	Restricted	Unrestricted	Total
	reserve f	Reserve f
At 1 April 2020	122,158	1,680,540	1,802,698
Surplus for the	82,618	1,184,254	1,266,872
year after transfers

At 31 March 2021 and 1 April	2047776	278647794	370697570
2021
Surplus for the	12,934	54,624	67,558
year
At 31 March 2022	217718	2 919418	3 137128

		Note	2022f	2021 6
Cash flow from operating activities		23	~17140	194304
Cash flow I'rom Investing activities
Payments to acquire social housing property Payments to acquire tangible fixed assets Interest payable Interest received and similar income Net cash used In Investing activities		10 11 6	(536,347) (25,810) 46 276 ~555881	(3,749) (131,244) (30,225) 26571 138647
Cash obtained through acquisition
Cash transferred in from TRIA-AKTIV				67,601
Cash transferred in from Bath YMCA Group				38187
				105788
Cash flow from financing activities
Payments towards pension liability			(41,323)	(40,118)
New loans received In the year Repayment of loan capital			425,442 ~2~0 160 133959	50,000 ~60,803 ~50 921
Change In cash and cash equivalents	in the year		135,218	110,524
Cash and cash equivalents at 1 April 2021			590,909	480,385
Cash and cash equivalents at 31 March 2022			726 127	590 909
Cash and cash equivalents consists of:
Cash at bank and in hand
Cash and cash equivalents at 31 March 2022			726,127	590 909

	Note	2022	2022f
Cash flow from operating activities	23	422 46'	260 300
Cash flow from Investing activities
Payments to acquire social housing property Payments to acquire tangible ffixed assets Interest payable Interest received and similar income Net cash used in Investing activities	10 12 6	(527,463) (25,810) 46,276 ~006997	(3,749) (131,244) (30,225) 26 545 ~778673
Cash obtained through acquisition
Cash transferred in from Bath YMCA Group			38187
Cash flow from financing activities
Payments towards pension liability		(41,323)	(40,218)
New loans received in the year Repayment of loan capital		425,442 ~200 160 163959	~60803 ~100921
Change In cash and cash equivalents in the year		99,427	58,893
Cash and cash equivalents at 1 April 2021		539,278	480,385
Cash and cash equivalents at 31 March 2022		038 705	539278
Cash and cash equivalents consists of:
Cash at bank and in hand
Cash and cash equivalents at 31 March 2022		638,705	539170

				2022f	2022f	2022f	2021 6	2021 6
Turnover and Interest			receivable
Hostel income				527,598			189,466
Catering income							5,211
Room hire					360		255
Functions
Miscellaneous	sales				855		5,252
Grant income				6	534		95566
				535,347			295,750
Interest							26
						535,346		295,776
Cost of sales and
administrative	expenses					419824		353189
Profit / (Loss)						115,522		(57,413)
Retained profit	brought		forward			4,496		61,909
Charges from	YMCA Brunel Group
Amount gifted	to	YMCA	Brunel Group			(117,047)
						2,971		4,496
The assets and	liabilities		of the subsidiary		were:
Fixed assets						37,497		40,893
Current assets						105,223		64,899
Creditors: amounts		falling	due within one	year		(139,649)		(101,196)
Total assets less	net liabilities					3,691		4,596
Called up shared	capital					100		100
Reserves						2,971		4,496
						3,071		4,596

4.	SOCIAL HOUSING	SOCIAL HOUSING	TURNOVER AND COSTS	TURNOVER AND COSTS	TURNOVER AND COSTS	(GROUP	(GROUP	AND CHARITY)	AND CHARITY)
	SOCIAL HOUSING		LETTINGS						2022	2021
	Turnover								E	6
	Rent receivable after voids								1 707370	1 747111
	Expenditure
	Socfal housing lettings
	Management Maintenance f3ad debts Depreciation of Other costs	housing properties							1,434,503 64,962 17,908 39,591 121428	1,326,271 68,914 66,342 36,650 10000
	Total social housing		lettings						1,678,392	1,516,262
	Operating surplus	/	(deficit)	from social housing		activities			28,978	230,849
	Rent losses from	voids							249,597	254,032
S.	ACCOMODATION	OWNED		AND IN MANAGEMENT			(GROUP fk CHAR1TY)
									2022	2021
									Property	Property
									Units	Units
	Supported Housing	-	owned	and managed					41	41
	Supported Housing	-	managed for others						101	103
									142
6.	INTEREST RECEIVABLE AND SIMILAR INCOME
					Group 2022	Charity 2022			Group 2021	Charity 2021
								E	5
	Rental Income Interest and dividends				43,670		43,670		23,945	23,945
	receivable Gains / (losses) on	investments			2,606 27,904		2,606 27,904		2,626 49,117	2,600 49,117
					747180	747180			75,688	75,662

SURPLUS / (DEFICI'T) ON ORDINARY AC	TIVITIES - GROU	P
The operating (deficit) / surplus is arrived at after	Group 2022 f	Charity 2022 E	Charity 2021 E
Depreciation - other fixed assets Deprecation - social housing properties	224,391 39,591	214,152 39,591	204,453 39,592
Operating lease rentals Auditors remuneration - audit fee	37,575	27,968	21,843
Movement in pension deficit liability		9 718	8274

STAFF NUMBERS AND COSTS
		Group 2022	Charity 2022	Charity 2021
		E	E	E
Wages and salaries Social secunty costs Pension costs		3,246, 827 218,447 177,344	3,073,400 2102286 169,042	3,068,943 199,605 165,542
Redundancy and other employment	costs
		3,642,628	3,432,228	3,434,090

10. SOCIAL HOUSING	65 GROUP)
	Landf	Property	Totalf
Cost
At 1 April 2021	225,650	2,415,642	2,641,292
Additions
At 31 March 2022	225,650	2,415,642	2,641,292
Depreciation
At 1 April 2021		56,555	56,555
Charge for the year		39 591	39 591
At 31 March 2022		96,146	96,146
Net book value
At 31 March 2022	225,650	2,319,496	2,545,146
At 31 March 2021	225,650	2,359,087	2,584,737

	Freehold land 8 property	Leasehold land & property	Plant & Machinery	Gym Equipment
Cost
At 1 April 2021	3,397,967	2,131,172	310,153	86,527
Additions Disposais	491,631	10,720	8,404 ~10 294
At 31 March 2022	3,889,598	2,141,892	308,263	86,527
Depreciation
At 1 April 2021	1,126(535	292,295	261,943	86,510
Charge I'or the year On disposais	83,651	59,298	27,172 ~8253	17
At 31 March 2022	1,210,186	351,593	280,862	86,527
Net book value At 31 March 2022	2 679 412	I 790 299	27401
At 31 March 2021	2 271 432	I 838877	48210
	Office	Fixtures lk	Motor
	Equipment	Fittings	Vehicles	Tote I
		6	E	E
Cost
At 1 April 2021 Additions Disposals	149,827 18,925 ~23 757	393,529 ~5513	11,150 6,667 ~ll 150	6,480,325 536,347 ~50 714
At 31 March 2022	144,995	388,016	6,667	6,965,958
Depreciation
At 1 April 2021 Charge for the year On disposais	118,040 24,557 ~23 757	209,797 28,363 ~5 513	11,150 1,333 ~11150	2,106,270 224,391 ~48 673
At 31 March 2022	118,840	232,647	1,333	2,281,988
Net book value
At 31 March 2022	26,155	155,369	5,334	4,683,970
At 31 March 2021	31 787	183 732		4 374 055

	Freehold land 84 property	Freehold land 84 property	Leasehold land 8 property	Plant 85 Machinery	Plant 85 Machinery	Gym Equipment
Cost
At 1 April 2021 Additions Disposals	3,397,967 491,631		2,090,275 10,720	238,931 8,404 ~8253		86,527
At 31 March 2022	3,889,598		2,100,995	239,082		86,527
Depreciation
At 1 April 2021 Charge for the year On disposals	1,126,535 83,651		281,417 55,209	201,594 23,954 ~8253		86,510 17
At 31 March 2022	1,210,186		336,626	217,295		86,527
Net book value
At 31 March 2022	276797412		177647369	21,787
At 31 March 2021	2271 432		I 808858	37337
	Office		Fixtures ik	Motor
Cost	Equipment		Fittingsf	Vehiclesf		Total
At 1 April 2021 Additions Disposals	137,936 10,041 ~15582	283,381 ~3803		11,150 6,667 ~11150	6,246,167 527,463 ~38 788
At 31 March 2022	132,395		279,578	6,667		6,734,842
Depreciation
At 1 April 2021 Charge for the year On dlsposals	106,150 21,625 ~15 582	99,649 11,150 28,363 1,333 ~3803 ~11150			1,913,005 214,152 ~38788
At 31 March 2022	112,193		124,209	1,333		2,088,369
Net book value
At 31 March 2022	20,202		155,368	5,334		4,646,473
At 31 March 2021	I 786		183732			4333162

INVESTMENTS			Group 2022	Charity 2022	Group 2021	Charity 2021
			E	5	E
UK quoted unit trusts Investment property			289,331 48,349	289,331 48,349	261,426 48,349	261,426 48,349
Other investment (shares trading subsidiary)		in		100		100
			337,880	337,780	709,775	309,875
Movements in market	value
At 1 April 2021			309,775	309,875	212,307	212,307
Transferred from YMCA Bath
Group					48,349	48,449
Net gains / (losses) on revaluations			27,905	27,905	49,119	49,119
At 31 March 2022			337,880	337,780	309,775	309,875
Historical cost
At 1 April 2021 and at UK quoted unit trusts Leasehold property	31	March	2022	100,000 18,530	100,000 18,530	100,000 18,530
				1187530	1187530	118,530

DEBTORS		Group 2022	Charity 2022	Group 2021	Charity 2021
					E
Due within one year Trade debtors Intercompany		115,708	98,064 45,851	166,268	156,087 27,791
Prepayments income Other debtors	and accrued	82,512	82,354	96,069 2,734	95,716
		1987220	2267269	265 071	279,594

OTHER LOANS	OTHER LOANS
		Group 2022f	Charity 2022f	Group 202If	Charity2021f
In one year or less		110,000	110,000	110,000	110,000
Between	one and two years	22,000	22,000	60,000	60,000
Between	two and five years			22,000	22,000
More than	five years
		132/000	132/000	192/000	192,000

Total future	minimum	under non-cancellable	operating leases are as follows: 2022 2021 f E	operating leases are as follows: 2022 2021 f E
Not later than one year Later than one and not later than five		years	332,560 316,354	222,050 333,504
Later than	five years		2,924,781	2,996,682
			3,573,695	3,552,236

This represents cumulative	surplus and	deficits net of	other adj	ustments.
Income and Expenditure				2022f	2021f
At 1 April 2021 Total income (turnover and	bank interest)			2,864,794 5,969/408	I,680,540 5,757,295
Total expenditure (operating Net Assets transferred from	expenditure YMCA Bath	and interest Group	payable)	(5,901,850)	(5,576/292) 1,283,015
Net Assets transferred from	Brldgwater	YMCA			(I97,146)
Transfers (to) / from restricted reserve				(12,934)	(82,618)
Reserves Carried forward				2 9194///	2//6/ 794

This represents cumulative surplus and	deficits net of	other ad]	ustments.
Income and Expenditure			2022	2021
			E	5
At 1 April 2021			2,869,390	1,680,540
Total income (turnover and bank Interest)			6,333,708	6,053,071
Total expenditure (operating expenditure	and interest	payable)	(6,267/777)	(5/929,481)
Net Assets transferred from YMCA Bath	Group			1,283,015
Net Assets transferred from TRIA AKTIV				62,009
Net Assets transferred from Bridgwater	YMCA			(197,146)
Transfers (to) // from restricted reserve			(12,934)	(82,618)
Reserves Carried forward			2 922 387	2869390

			At 31		Expenditur	At 31March
			March 2021	Income	e	2022
			E	6	E	E
Routes Frome			36,376	48		36,424
Zaiger Trust			28,788	7,000	(3,703)	32,085
Y82C Garfield	Weston
Dawe Trust Grant The Malmesbury Other grants and		Fund pro)ects	8,678 91,105 39 829	32,408 7 8/0	(23,347) ~7282	17,739 91,105 40 3'7
			204/776	47/266	(34/332)	217/710

Year ended	31	March 2021
					Transfer
		At 31		Expend-	from YMCA	At 31March
		March 2020	Income	iture	Bath Group	2021
				f	f	f
Routes Frome Zaiger Trust		36,328 24,587	48 7,000	(2,799)		36,376 28,788
YIkC Garfield
Weston		25,000		(25,000)
Grant			35,375	(26,697)		8,678
The Malmesbury
Fund					91,105	91,105
Other grants projects	and	36 243	6 261	~2623		39929
		1223158	486684	(573171)	91,105	204,776

Amounts	recognised	in the Balance Sheet are as follows:	2021	2021
				6
Pension	deficit due	In less than 1 year	41,323	40,118
Pension	deficit due	in 1 to 2 years	41,323	40,118
Pension	deficit due	In 2 to 5 years	123,969	120,354
Pension	deficit due	after 5 years	87,334	43,377
Deficit			293,949	243,967